Giacchetto, 40, was convicted in 2001 of improperly diverting funds to his Hollywood clientele from the accounts of ordinary clients, claiming they represented investment gains.

He had pleaded guilty to federal fraud charges accusing him of squandering nearly $10 million of his Hollywood clients' funds on a lavish, drug-fuelled lifestyle. ");document.write("

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As a result of "fraudulent conveyance" lawsuits filed last year by the court-appointed trustee handling the Cassandra Group's bankruptcy, Diaz, Morissette and others recently agreed to return funds that will be used to repay Cassandra's creditors, said the website.

The website also displayed documents from the Manhattan Bankruptcy Court.